FLYEBX

About FLYEBX

Fidelity Environmental Bond Fund is a mutual fund focused on investment-grade fixed income securities with a distinct environmental mandate. Its primary objective is to provide a high level of current income while supporting environmentally beneficial projects through its investment choices. The fund allocates at least 80% of its assets to environmental debt securities, which include green bonds and other fixed income instruments that finance environmental initiatives, such as clean energy, sustainable infrastructure, and pollution reduction efforts. It invests across both U.S. and international issuers, emphasizing investment-grade quality but allowing up to 20% in lower-rated debt for diversification and yield enhancement. As an intermediate core-plus bond fund, it balances credit quality with moderate interest rate sensitivity, making it suitable for investors seeking to participate in the bond market with an environmental impact focus. Managed by Fidelity, the fund offers competitive expense ratios and is designed to appeal to those integrating sustainability considerations in their fixed income portfolios.